- SAIC invests in Momenta’s new funding round
According to local media outlet Xchuxing, Momenta has completed another new round of financing, led by General Motors which invested a total of $400 million.
Sept. 16 , 2021
- Wuling brand’s first SUV model with global silver logo to go on sale soon
The Wuling Asta, the first strategic SUV model bearing Wuling brand’s global silver badge, will hit the market on September 16, SAIC-GM-Wuling (SGMW) announced on Monday via its WeChat account.
Sept. 13 , 2021
- SAIC Motor says Aug. sales drop 10.08% year on year
SAIC Motor saw its monthly auto sales fall 10.08% year on year to 453,408 units in August, the company announced on Monday. The sales for the Jan.-Aug. period amounted to 3,103,239 units, ticking up 3...
Sept. 06 , 2021
- SAIC Motor boosts H1 net profit by 58.61% YoY
SAIC Motor's net profit attributable to shareholders amounted to 13.314 billion yuan ($2.056 billion) in the first half of 2021, surging 58.61% from a year ago.
Aug. 26 , 2021
- SAIC Motor unveils application for new battery technology patent
SAIC Motor recently published an application for a new patent about battery-related technology through the website of China National Intellectual Property Administration.
Aug. 17 , 2021
- Gasgoo Daily: Baidu-Geely EV venture cooperates with Continental
With Gasgoo Daily, we will offer several pieces of automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.
Aug. 06 , 2021
- SAIC Motor posts 22.95% YoY drop in Jul. wholesales
SAIC Motor’s new vehicles wholesales reached 352,546 units in July 2021, shrinking 22.95% from the previous year, the company announced on August 6.
Aug. 06 , 2021
- SAIC Motor’s mobility service platform Xiangdao Chuxing launches fund to raise 500 million yuan
Xiangdao Chuxing, the mobility service brand of SAIC Motor, announced on August 4 the launch a special asset-backed project dubbed “Xiaodao No.1”.
Aug. 05 , 2021
